₦airaland Forum

Tassembly: Feelamong,how u dey,despite the fact that i have bsc in finance,i am more use to my job as an IT engineer ,this makes me to have low knowlegde on what is happening in the financial sector since i graduate,i have been trying to do tbills with a little cash i have 100k but my bank gtb insist on 1m, i want to try and open account now with meritrade to try this stock market,but feelamong,i want you to take me,come and take me till i dose off and teach me this thing coz i no wan lose this hard earned money.no be drug money or naija police awoof money

Just come to the stock market thread...many gurus dey there. But you need to read books on stocks and investments to start with otherwise your money go waka o!

Redoil: Though we have being use to saying negative things about gej and his administration. I and my siblings have made over N4 million from the stock market. Gtb uba dangote livestock feeds first bank zenith bank unilever pz. How they did this magic i cannot know i cannot tell.

Well done! when you go bring una tithe come for our Ministry?

we suppose move go Permanent site before NSE index cross 40,000 o!!

At least dem talk true for once!

where is that insincere Nigeria? after he go begin to tell us say him get light 26hrs for him hamlet!

The Index has been all about DANGOTE CEMENT!

But then if you have bought into a good sound company.. you will also have made some money!

On this note I will like to sound some advise to those coming in now....avoid the Poorly managed insurance coys and penny stocks! They can kill you!!

Fly wey no dey hear word dey follow dead body enter grave!

mymadam: That is NOT the issue buddy. Yes, CBN will accept less than 1M, BUT the individual banks determine the minimum they are ready to accept to bid on since their gain is minimal, (0.125% of face value!) to say the least. It has been said that Diamond Bank WILL accept to bid for as low as N100,000 for a customer. We'll soon find out whether that's true! It may be 1M minimum for any other bank. We're only trying to find out which bank is on the masses' side. Finito. Feelamong, where are you nah? This thread needs YOU NOW! Keep on investing folks. God bless Nigeria..

Seriously I doubt if any bank takes a little as N10,000. The documentation cost and the income receivable will not make sence to any bank to accept that!

Even most bankers dont like to do Tbills cos it does not add to their deposit target!

Most banks I have interacted with insist on N1M.... but then its been some time i did Tbills so I might not be able to give a recent info on this!

Been hustling in the NSE for now! so much money to be made than just 10% in 91 days Tbills!

valacious: @those asking if you can buy right issue of transcorp at N1 even though u never had shares there before, i say yes u can. Just ask your broker, there could be people who do not want to pick up their rights, so u just pay money to your broker account and they buy and do u a transfer, daz all! I think this is the best time for japaul now. Buy japaul now!

Guy... Japaul not to me!!

Until they clean up their acts.. i wll not be touching Japaul or any of the so called penny stocks!

I only buy coys that have good management practice in place...Over time this has never failed me!

markets may go up and down but sound coys never stop returning good returns to its investors.. I recently called for Skye Bank and GSK purchase.. we all can see whats happening to these stocks now!

happy investing!!

BOA®:
This streaming service just dey hang...

JESUSSSSSSSS...See the number of members viewing this thread!!

Chineke mu o!!! See as members full this page!

If only this site was owned by LASG.....enough money go don enter pocket today!

anyways make these Eagles no fall person hand o! Na god save employers today! cos all my sales men don take style tell me say dem get appoitments for Island! Now no where to watch the game! Ope o!!

ileman: pls what's moving honeywell northward

Na wa o! no be wetin some people don dey pary and fast for since?

just no forget to exit at ur busstop!

Toluway: Ihedioramma Skye Bank is still dipping southwards. Heaven knows when it will get to its pack. You are not the only one waiting. I am now a temporarily highway watchman for this stock in order not to miss its northward turn. Together we are watching friend.

I have just made an order for over twenty thousand units of May&Baker which was not even on my initial plan. Thanks to the eagle-eye of Stockbull.

Omo.. the virgil on Skye bank no get part two!!

i have started to buy once again! as usual i will bid at 10% less the clossing price!

I cant put my money on May and Baker...until they finish their fund raising; i dont trust these naija run pharm coys one bit!

saibuhari: [color=#000099][/color]
Re: Nigeria Stock Exchange Market Pick Alerts by feelamong(m): 10:46am
Am not a fan of Penny stocks... but for those of us looking for a good penny stock; UBA CAPITAL is the stock to buy!!
pls note that I have just finished buying a few units so I might be biased sha!

Please pardon my question, are you Atuocha or Emma Ewumi in SMN? Same stock was recorded by one of them in SMN.

Am neither of them.. i do visit SMN but do not post!

I saw their recommendation.. did my own due diligence and it made some sence...but the fact that i do not usually buy non dividend paying stocks made me to wait a little to see if the price will fall first.. it did fall to 1.28 and i decided to stake a little cash here!

I pray the coy do not let us down by the time the Q2 result comes out!

Am not a fan of Penny stocks... but for those of us looking for a good penny stock; UBA CAPITAL is the stock to buy!!

pls note that I have just finished buying a few units so I might be biased sha!

passe: Kindly contact Mrs Toriola on 08023815941 for your Grade 1 Bales of Used cloths from Canada.Several bales will be available on June 1,2013.Kindly call her on the no above or email wallex032003@yahoo.co.uk for further inquiries.

well done Wale...calling her straight away!

Omexonomy: sincerely speaking i have rake in a lo of money since i join this forum. May God bless all of us Amen.
On topic.
Why is it that nobody is talking about mutual fund in this forum. I visited my fund manager today and i was impress by the increament of the unit price. What i dont understand is why they are keeping the price per unit secret.
Below are link to the appraisal of mutual fund in nigeria for those who will be intrested.

http://www.businessdayonline.com/NG/index.php/markets/investor/52672-net-asset-value-of-49-mutual-funds-grows-to-n111859bnhttp://

check the link if you are interested. This is a not an advertisment for any fund manager.

www.nigeriaintel.com/2013/04/15/mutual-funds-hit-n109-8bn-on-investor-appetite-for-safety-roi/

I hate to say this.. but from experience Mutual Fund is for the lazy investor! For the past 5 years i have been buying just three stocks in my retirement fund and I have always beaten all the mutual funds and the market Index return.

Why would I give my money to a fund manager who will still go into the market to buy the same stocks i would have bought my self and then charge me a certain percentage on the money made for me?

All they buy are all the usual stocks many of us fear to buy by saying they are expensive! the Blue chips!!

i dont blame the judge joor!

afterall some people still dey Abj dey chop our money yanfu yanfu and una want make him go kpeme for notin!

^^^^^^
tell that he is either not knowledgeable enough or he is just lieing to you!

I will advise that you take a walk from that branch or bank ASAP!

I use Fidelity Bank (Fidelity Securities) and I have never been told that one before!

About 1 month ago when i decided to start mopping up NAHCO after my earlier purchase at N8 plus went bad due to the poor 25k dividend declared.. many analyst and gurus here said i was doing the wrong thing.

I was convinced cos i knew i was buying a good and properly managed coy which is also a market leader in its sector.. i gradually brought my purchase price to N6.50k by buying at <10% daily...

Now the stock is no longer available and from what i heare the foreigh portfolio guys have put the stock in their radar!

I can only laugh now cos i wont sell until we get to the promised land!

Happy Investing!!

Getikebusy: [b][/b]please I need help from anyone who has an answer to this question..... How much can I use to buy shares of any reputable company? Is #50000 too small

you can begin with a little as 1,000; just make sure you buy a good stock!

on my baby's first year bafday.. she got some cash gift amount to 36k, i use the money to buy CAP plc shares for her at N36 just about 3 months ago... am sure you know the price of CAP plc today!

happy investing!

Born 2be Rich: What is wrong with NEM and Aiico for goodness sake...When will they release their FY 2012 result

Does anybody in the house have such info.. these guys are wasting my time here...

hmmmmm; this wait wey una dey wait for NEM don tey o!

am not a fan of any insurance coy.. no matter how good their figures look! the people presently buying in the market for now are not gonna touch any insurance so why wasting time here?

Sell off and move to bigger things...am sure you have made more than 20% already abi?

laceonline02: Hello house..any info on todays bid

STOP RATE FOR 22/05/2013

91 days ------10.99%

182 days ------ 11.77%

364 days -------11.97%

happy investing!!

Born 2be Rich: ***Clears throat***

Bros.. this early morning clearing of throat....

ok.. i see why! na plagiarise i take style plagiarise one of our ogas for SMN o! I no dey ever forget that quote after i loss my sch fees during the last meltdown!

i never reach those kind levels

jossy26: am also looking @dis costain with one eye; bought it @9naira around 2009/10 and forgot abt it, thought it was going to car park before the stock rebounded, don't really know how that happens despite declaring heavy losses in FY 2012 result,
I hope the gurus in the house will explain better sha

If you wake up in the morning and see leaves flying about..i dont know if that means that leaves can now fly... be warned!!

kalan: Apart from News, the market respond to the forces of supply and demand.
Volume and Deals tells us these forces.

Volume tells you what Sellers are doing. Deals tells you what Buyers are doing.

When deals are more than Volume, the bid cap is raised causing high demand and
prices goes up. if this continues it causes a bullish rally on that stock.
But watch it when volumes are down and deals are down even if prices are up.
It shows off-loading, that price will soon come crashing.

There are many relationships between them, which for space and time I can't show now.
However, these strategies is what Major players use to kill it in forex and stocks day-Trading.

But overall, make sure you research a company for say 5-7 days, following the volumes,
deals and price movement before taking a position.

There is a way you trade News on stocks. The strategy is FOLLOW THE LEADER.
I will post more on that next time.

Conclusively, nothing comes by luck, you NEED to know what you're doing, or
the market will sting you like a bee.


All the best in your investing.

Bros.. I dont want to diagree with you but I will not agree with you fully!

From experience it is best to only trade on technicals when you have done your due deligence on the foundamentals of the coy!

No matter how well you follow the so called "leaders" its always better to do your own research!

As they say, Foundamentals tell you what stocks to buy and Technicals tell you when you buy! but from experience we can

never really time the market! we all just try!! but then its better to be vaguely right than to be precisely wrong (John

Maynard Keynes also keep this in mind!

“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes

mercylicious: @ my Ogas at d top, is honeywell still a gud buy at 3naira?

At the present price.. i will not touch Honeywell if am looking at making fast bucks..

However i believe in investing for the long term and as such Honeywell which has the lowest PE ratio in their industry should be a good bet for 1 year investment horizon!

shame on these bigots!

You want Quota in the Church again!!

Why not just go and open up ur own church where only Mbaise people will be bishops!

Bunch of twats!

Excellent Write up on a hero!!

These are the real people that should be honored with the highest honors of the land! Out of nothing but sheer hardwork and creativity she showed the world her abilities!

I was a member of LADI KWALI house in FGC Abuja during my Secondary sch days and will always remember her history!

I always regard her as a LEGEND!!

try to holla me as soon as the goods arrive 08099155330

EFCC should better leave that guy alone and go to Abuja to arrest those looting our common wealth!

Wetin the guy do? when person in his right sences decide to go and throw away their money is it the man;'s fault?

How can one go to that one room office and say he is registering into a university?

damn!

laceonline02: Hello house..any info on todays bid

Today is for submission of Bids..

Expect the result by Thursday evening or Friday morning..

Me i still dey NSE dey take risk for now..

ileman: pls o. what's the house advising on "nascon" is it time to dump? or i should be little bit patient. though I've made over 100% profit

why did you buy in the first place? if your investment target has been met then why are you not selling?

I have made over 60% but i dont intend to sell yet until i see their first qtr result!

personally i feel its a stock for me to hold till it gets to N20

4sis: Gud day sir. I do colect nd sel cloths (okrika) in Katangua. Sir, I can sell dat ur cloth bt no cash to buy it nw. Pls I need a very big favor from u. If I bring a guarantor, can u giv me one bale to sell nd gv u ur money within 4 to 5 days ? I wll auction the maket nd pay ur money wthn 4 days. U can look my last topic. I just need to raise cash to stand a business. Thanks
07013203019

send me mail feelamong @gmail.com.

I think we have a lot to do together!

Omo..see Twist ....Egwu Oku!!

many of these black berry generation pickins no go understand say no be today people don dey catch fun!

BTW that babe wey pose with im titis... na wa o